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20121230
20121230
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. both d.c. and seattle. >> clayton: and some of those investments, even in the d.c. area, we saw some investments in the outlying areas, but phoenix of course, vegas. investors coming in and buying up a lot of those properties down there, but how will the fiscal cliff affect investment going forward and maybe helping this recovery? because we're going to see a big increase in the capital gains taxes? >> that's right, it's going to have a bigger impact than i think analysts are predicting, maybe because they're numbers crunchers and not in the market. and fueling the momentum in the real estate markets, snapping up the foreclosure properties the last few years and the concern is they're going to be a little bit more conservative in their purchasing moving forward. and here is a really big thing to consider. consumer confidence is a huge driver in housing. and with this, all of this uncertainty of how much tax, people are going to be paying and what types of tax hikes people are going to be experiencing next year, i think the quarter one is it going to be a very conservative quarter for
Search Results 0 to 0 of about 1

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